Trio-Tech Completes Acquisition Of Shanghai Semiconductor Business

January 17, 2006 | Print | Email Email | Comments | Category: Gadgets & Electronics



    Trio-Tech (TRT) has completed the acquisition of all of the outstanding shares of Globetronics Shanghai (GSI), a semiconductor testing and burn-in business.

    GSI was acquired from Globetronics International Inc., a British company, for approximately US$505,000 in cash.

    "This acquisition establishes Trio-Tech in the important Chinese semiconductor market for the first time," said S.W. Yong, Chief Executive Officer of Trio-Tech. "Located on the Yangtze River Delta, Shanghai is one of China's most economically developed regions, and has become a magnet for foreign investment by major semiconductor companies and a focal point for the Chinese chip manufacturing industry. This acquisition gives Trio-Tech the opportunity to grow its testing and burn-in services in China significantly in the years ahead."

    Founded in 1958, Trio-Tech International provides third-party semiconductor testing and burn-in services primarily through its laboratories in Southeast Asia.

    Related Links:


    Recommend this page: 1 Star2 Stars3 Stars4 Stars5 Stars

    Loading ... Loading ...
    Related News:
  • Trio-Tech Expands Suzhou Facility
  • Dragon Venture Completes Majority Acquisition Of Cnnest
  • World Information Technology Starts 2004 Acquisition Program
  • Kingdee Completes Acquisition Of Zhongshan Tech Firm
  • Praxair To Supply New SMIC Wafer Plant In Shanghai
  • SMIC Sets Up Integrated Circuit Encapsulation Testing Factory In Chengdu
  • ASM Sets Up Research Center In Chengdu
  • TSMC Shanghai Plans To Triple Output
  • SMIC Signs Equipment Deal With U.S Manufacturers
  • Pay88 Completes Acquisition of China Based QianBao Technology



    • Leave A Comment:



    Inside ChinaTechNews.com


      Other China News

      China Sourcing News:

      Home Building Chain Closes Another Store In China

      American Internet Retailer Adds Courier Fees In China

      French Optics Company Announces Two China Investment Deals

      Increasing Manufacturing Costs Cause Trouble For Chinese Retailer
      TechSecurityChina.com:

      Inspur International To Sell Chinese E-government Business

      Shareholder Disputes Settled For Chinese Media Firm

      Qihoo 360′s Safebox Software Will Integrate With Uuu9.com

      Apple Suspends iPhone 4S Sales In Retail Stores In China
      ChinaWirelessNews.com:

      ZTE Launches First Tablet In America

      Apple Adopts New iPhone Sales System In Hong Kong

      China Telecom To Launch CDMA-based iPhone 4S

      China Mobile's Call Center In Luoyang Formally Launched

      Visit these other China sites: ChinaRetailNews.com | GreenChinaTech.com | ChinaWirelessNews.com | TechSecurityChina.com | China Sourcing News | China CSR